Sunday, 17 November, 2019

Sears, Kmart locations closing nationwide

Sears to close 96 more stores; gets cash lifeline Sears, Kmart closing seven more Pennsylvania stores this winter
Russell Knight | 08 November, 2019, 11:04

The lenders include former Sears Holdings CEO and biggest investor Eddie Lampert, whose ESL hedge fund bought most of Sears' assets, including about 400 stores, out of bankruptcy under a new private entity, which is now called Transformco.

According to national reports on the announcement, the chosen sites will launch liquidation sales on December 2, immediately after the Thanksgiving / Black Friday sales weekend.

The Chula Vista store at 565 Broadway was the only San Diego County location on the list of closures. Existing Kmarts in Chambersburg and Elizabethtown are already in going-out-of-business sales, as part of an earlier round of closures. The Sears store in Springfield will remain open.

"We will continue to evaluate our Sears and Kmart footprint, consistent with our overall retail and service strategy", the company's release added. That's down from roughly 425 locations earlier this year, and from as many as 2,500 stores when Sears and Kmart first merged in 2005.

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People just acquired messages initially sent on Valentine's Working day
So at two: 30am, my cell phone made the choice to ship out a textual content material to my ex-girlfriend....from 9 months again. Gergs also said Valentine's Day messages were likely affected because the amount of texts sent on that day is "abnormally high".

Sears in Chula Vista will shut down by February 2020, the chain's parent company said Thursday.

Sears and Kmart have been struggling in recent weeks to keep pace with competition from Amazon, as well as other box retailers quick to adopt technology, such as Walmart.

The announcement does not impact the almost 400 locations that operate as Sears Hometown or Sears Outlet locations, which feature appliances and electronics.

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